IDFC FIRST Bank Quantum+ Credit Card

Charge

• Finance charges (interest) on Quantum+ Credit Card: Monthly Rate 0.71% to 3.85% (Annual 8.5% to 46.2%).
• Overdue interest Monthly 3.99% (Annual 47.88%), revised to 46.2% when minimum amount due is paid.
• Cash advance transaction fee: ₹199.
• Late payment charges: 15% of Total Amount Due of previous statement minus payments received before due date (minimum ₹100, maximum ₹1,300).
• Over-limit charges: Nil (over-limit facility not available for Quantum+ Credit Card).
• Return of cheque/Auto-Debit SI/Payment Return: 2% of payment amount subject to a minimum of ₹500.
• Reward Redemption Fee: ₹99 per redemption transaction.
• Card replacement fee: ₹199.
• Rent & Property Management Fee: 1% of transaction value, minimum ₹249 per transaction (domestic only).
• Fair usage on Utility Spends: 1% fee if total utility spends in a statement cycle exceed ₹20,000.
• Fuel Fee: 1% if total fuel spends exceed ₹30,000 per statement cycle.
• Passenger Railways Transaction Fee: 1% if total passenger railway spends exceed ₹25,000 per statement cycle.
• Tolls and Bridges Transaction Fee: 1% if total tolls and bridges spends exceed ₹10,000 per statement cycle.
• Education Payment Fee: 1% on education spends via third-party apps, minimum ₹249 per transaction.
• GST: presently 18% on all fees, interest and other charges.

Verified · Most Important Terms & Conditions (MITC) – IDFC FIRST Bank Credit Cards (covers Quantum+ Credit Card) · 2026-07-30 · source

Interest-free period

• Interest-free (grace) period shall not exceed 45 days and varies depending on the date of the transaction and statement date.
• Not applicable if the previous month's statement balance has not been cleared in full on or before the due date.

Verified · Most Important Terms & Conditions (MITC) – IDFC FIRST Bank Credit Cards (covers Quantum+ Credit Card) · 2026-07-30 · source

Fuel surcharge waiver

Fuel Surcharge Waiver not applicable on Quantum+ Credit Card (maximum amount of fuel surcharge waiver per statement cycle: Not Applicable).

Verified · Most Important Terms & Conditions (MITC) – IDFC FIRST Bank Credit Cards (covers Quantum+ Credit Card) · 2026-07-30 · source

Reward cap

• Total cashback capped at ₹500 per statement cycle across all categories combined.
• Cashback earned only for spends up to the credit limit per statement cycle.
• Additional spends beyond this (including transactions enabled through repayments and subsequent re-utilisation within the same statement cycle) are not eligible.
• Cashback is posted only when the Minimum Amount Due (MAD) has been paid on or before the Payment Due Date (PDD).

Verified · Quantum+ Credit Card product page · 2026-07-30 · source

Reward exclusion

Verified · Quantum+ Credit Card product page · 2026-07-30 · source

Travel benefit

Book hotels and flights via the IDFC FIRST Bank Mobile App and earn 1% bonus cashback.

Verified · Quantum+ Credit Card product page · 2026-07-30 · source

Insurance

• Personal accident cover worth ₹2,00,000.
• Lost/stolen card fraud protection up to ₹25,000.

Verified · Quantum+ Credit Card product page · 2026-07-30 · source

Eligibility

• FD-backed secured card starting at just ₹10,000 FD.
• Credit limit equals 100% of FD value.
• No income proof or credit history required.
• Suitable for students, homemakers, freelancers, retired employees, or young professionals.

Verified · Quantum+ Credit Card product page · 2026-07-30 · source

Official terms

https://www.idfcfirst.bank.in/credit-card/quantum-plus-credit-card.

Verified · Quantum+ Credit Card product page · 2026-07-30 · source